About This Property
Oak Grove Village comprises 30 low-income rental units in Jefferson, NC that serve families in Ashe County. The property, which has been in service since 2000, includes 20 two-bedroom units, 8 three-bedroom units, and 2 four-bedroom units. The development is funded through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Ashe County, NC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $674 |
| 1 Bedroom | $678 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,089 |
| 4 Bedroom | $1,224 |
Income Limits - Ashe County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Jefferson, NC?+
The Fair Market Rent (FMR) for Ashe County, NC is: $674 (Studio), $678 (1BR), $856 (2BR), $1089 (3BR), $1224 (4BR). Actual rent at subsidized properties like Oak Grove Village is typically 30% of household income or less.
What size apartments are available at Oak Grove Village?+
Oak Grove Village offers the following unit types: 20 Two-Bedroom, 8 Three-Bedroom, 2 Four-Bedroom units, for a total of 30 units.
How do I apply for housing at Oak Grove Village?+
Oak Grove Village is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Oak Grove Village?+
Oak Grove Village is managed by . You can reach them at .
What is the price range for apartments in Jefferson, NC?+
Based on Fair Market Rent for Ashe County, the estimated price range is: 2-bedroom: $856, 3-bedroom: $1089. Actual rent at Oak Grove Village may be lower for income-eligible households.
What are the income limits for affordable housing in Ashe County, NC?+
For a 4-person household in Ashe County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.
Who is eligible to live at Oak Grove Village?+
Oak Grove Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.